Instacart sets IPO price at $30 per share

By Agence France-Presse

Sep 20, 2023 12:20 am

The share price was set at the high end of a range disclosed previously by the company, which plans to offer 22 million shares to be traded on the Nasdaq exchange under the symbol 'CART,' Instacart said in a release.

The price valued San Francisco-based Instacart at around $10 billion ― down from $39 billion in 2021.

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